“Increasing grocery retail spending in the country along with international collaborations has propelled the growth of the Cold Chain Market in Brazil.”
Analysts at Ken Research in their latest publication “Brazil Cold Chain Market Outlook to 2023 – By Cold Storage and Cold Transportation, By Ownership (Owned and Rented), By End Users (Meat and seafood, Fruits and Vegetables, Dairy products, Bakery and Confectionery, Pharmaceuticals and others)” believe that rising exports of meat and sub-tropical fruits, increased grocery retail spending and better integrated services provided by the cold chain operators have positively impacted the growth of cold chain market in Brazil. The market is expected to increase at a positive CAGR of 9.5% over the forecast period 2018-2023.
Rising Meat Exports: Brazil is the largest exporter of chicken in the world and one of the largest exporters of beef. The frozen meat exports to countries including China, Russia, Venezuela, Egypt, Chile and more, rose to USD 4,523,509 thousands in 2018. The country also imports a significant amount of seafood from Norway, Argentina, Chile, China, Vietnam and other countries to meet its domestic needs. The frozen seafood imports amounted to USD 220,792 thousands in 2018. The rising exports and imports significantly impacted the demand for temperature-controlled facilities in the country.
Increased retail spending and consumption of refrigerated and processed food products in the country: The grocery retail spending has increased by a CAGR of 5.1% in the country over the period 2012-2017. The dairy sales in the country reached over BRL 86 million in 2018 while the processed meat and seafood sales exceeded BRL 10 million. This has necessitated the development of cold chain facilities in the country to increase the shelf-life of the products and keep them fresh and avoid spoilage during transit.
International Collaborations: The Brazilian Association for Refrigerated Storage Industry (ABIAF) partnered with the Global Cold Chain Alliance (GCCA) in January 2018. It has positively impacted the cold chain industry in Brazil. GCCA has brought its expertise and experience in the market to the country and is expected to help enhance the growth and the global presence of the Brazil Cold Chain market in the coming years.
Key Segments Covered:-
By Type of Market:
Cold Storage
By Ownership
Owned
Rented (3PL)
By Temperature
Frozen
Chilled
Ambient
By Region
South
South-East
North-east
Central-west
North
Federal District
Cold Transport
By Ownership
Owned
Rented (3PL)
By Mode of Transport
Water
Land
Sea
By Location
International
Domestic
By Application (Product Category):-
Meat and Seafood
Fruits and Vegetables
Dairy Products
Bakery and Confectionery
Pharmaceuticals
Others
By Ownership:-
Owned
Rented (3PL)
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Companies Covered:-
Friozem Armazens Frigorificos Ltda.
Superfrio Armazens Gerais Ltda.
Arfrio Armazens Gerais Frigorificos
Brado Logistica S/A
Brasfrigo S/A
Logfrio S/A
AP Logistica Group
CAP Logistica Frigorificada Ltda.
Localfrio S/A
Martini Meat S/A
Comfrio
Key Topics Covered in the Report:-
Brazil Cold Chain Market
Brazil Cold Chain Market Revenue
Total Number Of Airports In Brazil
Number Of Road Network In Brazil
Number Of Cold Storage Warehouse In Brazil
Brazil 3PL Cold Chain Logistics Market
Brazil Cold Storage Cost
Third Party Cold Storage Market Brazil
Third Party Cold Transport Market Brazil
Temperature Controlled Transport Market Brazil
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Related Reports:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
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